Merger & Acquisition News

RESTON, Va.--(BUSINESS WIRE)--Applied Insight grows its national security footprint by acquiring Zavda Technologies LLC, a veteran-owned technology and data services company....

HOUSTON--(BUSINESS WIRE)--Elevate Patient Financial Solutions (“ElevatePFS” or the “Company”), a leading provider of technology-enabled specialty RCM solutions, is pleased to announce the acquisition of Professional Medical Services, a provider of RCM solutions focused on low-balance accounts receivable resolution. The acquisition will expand ElevatePFS’ suite of RCM solutions and reinforce the Company’s commitment to addressing the most complex aspects of the revenue cycle for its customers. P...

SUMMIT, N.J. & HOUSTON & PORTLAND, Ore.--(BUSINESS WIRE)--Energy Capital Partners (“ECP") today announced that it has acquired Triple Oak Power ("Triple Oak") from EnCap Energy Transition Fund I (“EnCap") and its co-investors, Yorktown Partners and Mercuria Energy. Founded in 2020 and headquartered in Portland, Oregon, Triple Oak, through greenfield development and acquisitions, develops and monetizes high-quality renewable energy projects to accelerate the U.S. transition to renewable energy a...

IRVING, Texas--(BUSINESS WIRE)--McKesson Corporation (NYSE: MCK) will present at the 42nd Annual J.P. Morgan Healthcare Conference at the Westin St. Francis Hotel in San Francisco today at 9:45 AM PT (12:45 PM ET). Executive leadership will provide a company overview followed by a fireside chat. The audio webcast will be available live at McKesson’s Investor Relations website at investor.mckesson.com, along with the company’s slide presentation. McKesson’s Board of Directors Elects Kevin Ozan a...

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired The Villas at San Bernardino, a 78-unit assisted living and memory care facility located in San Bernardino, California. In connection with its acquisition of the facility, CareTrust and a third-party regional healthcare real estate investor entered into a joint venture arrangement under which CareTrust provided a combined common equity and preferred equity investment amount totaling $10....

HOUSTON--(BUSINESS WIRE)--Relationshop, a provider of digital engagement solutions for supermarkets and other retail chains, announced today that it has finalized a merger between two leading providers of eCommerce solutions for regional grocers and independents: Mercatus Technologies, based in Toronto, and Stor.ai, operating out of Tel Aviv. The newly merged company will be called Mercatus, a testament to the equity the eCommerce brand has achieved in the grocery sector, and will operate as a...

NEW YORK--(BUSINESS WIRE)--Graycliff Partners LP announced today that its portfolio company Gerard Daniel Worldwide, a provider of wire mesh and filtration solutions, has completed the acquisition of the Knitted Mesh & Separation division of Rhodius GmbH (“Rhodius KMS”). Gerard Daniel, based in Hanover, PA, provides wire, wire cloth, and wire cloth components to a global commercial customer base serving a wide range of end markets. Rhodius KMS, based in Weisenburg, Germany, manufactures kni...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth and add-on acquisitions of Bridgeport and Newman Whitney (“Newman”) by InCompass™, an existing portfolio company of independent sponsor TJM Capital Partners. Based in Maple Grove, MN, InCompass designs and manufactures a broad variety of machine tools, abrasive grinding, and precision finishing machines and par...

SAN FRANCISCO & LONDON--(BUSINESS WIRE)--GSK plc (LSE/NYSE: GSK) and Aiolos Bio, Inc. (Aiolos) today announced that they have entered into an agreement under which GSK will acquire Aiolos, a clinical-stage biopharmaceutical company focused on addressing the unmet treatment needs of patients with certain respiratory and inflammatory conditions, for a $1 billion upfront payment and up to $400 million in certain success-based regulatory milestone payments. The acquisition provides GSK with access...

MANILA, Philippines--(BUSINESS WIRE)--Salmon, a fintech working to improve access to credit, savings and investments for over 500 million underserved customers in Southeast Asia, announces that it has received regulatory approval from the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) to acquire the controlling interest in Rural Bank of Sta. Rosa (Laguna), a well-respected licensed financial institution serving Filipino communities since 1963. Salmon will own 59.7% of the bank upon com...